Bassett Furniture Industries, Inc. (BSET) announced today that its Board of Directors declared a $0.20 per share special dividend. The special cash dividend is payable on December 19, 2014 to shareholders of record on December 5, 2014.

Bassett Furniture Industries pays a regular annual dividend of $0.32 per share. The indicated dividend yield on the regular dividend is 1.8%.

Bassett Furniture Industries is a retailer, manufacturer and marketer of branded home furnishings. The company's products are sold primarily through a network of company-owned and licensee-owned branded stores under the Bassett Home Furnishings name, with additional distribution through other wholesale channels including multi-line furniture stores, many of which feature Bassett galleries or design centers. The company was founded in 1902 and incorporated under the laws of Virginia in 1930. Bassett Furniture Industries initiated a dividend in 2011.